Legitimating The Initial Coin Offering: A Multidisciplinary Study


Chris Rowell

Date of Publication


Initial Coin Offerings (ICOs) are a revolutionary new way of funding entrepreneurial ventures, which work by issuing digital tokens on an indelible distributed ledger. ICOs have the potential to fundamentally transform the finance sector, although they are still a highly nascent innovation, and there are still significant hurdles to their widespread proliferation. iComplyICO is a Vancouver-based company that offers a multisided digital platform that connects ventures, regulators, legal and financial service providers, and other key stakeholders to facilitate regulatory compliant and legitimate ICOs.

Completed in October 2018, this research project helped iComplyICO understand the broader context of ICOs, and how how to communicate its offering to the various audiences in this emerging space. The project culminated in a research paper, published by iComplyICO.

This research had widespread impact, being published in several finance, blockchain and cryptocurrency media outlets, including the following:

Study: ‘Compliance Trilemma’ Limits Potential of ICOs Latest Crypto Study Shows 'Compliance Trilemma' Curbs Initial Coin Offerings Real Advantages

'Trilemma of Compliance' biggest hurdle for ICOs - BCFocus | BCFocus

“Compliance Trilemma” Limits ICO Potential, New Study Says Das ICO-Trilemma

The project’s findings were also summarized in this report by the UBC Sauder School of Business: https://www.sauder.ubc.ca/News/2018/Raising_business_capital_through_bl…

External Link

Read the Research Paper

First Nations land acknowledegement

We acknowledge that the UBC Point Grey campus is situated on the traditional, ancestral, and unceded territory of the xʷməθkʷəy̓əm.

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